HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 25, 2011) - Royal Host Inc. ("Royal Host" or the "Corporation") (TSX:RYL) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) announced today that its two substantial issuer bids (the "Offers" and each, individually an "Offer") which were previously scheduled to expire at 5:00pm (Eastern Standard Time) on Friday, November 25, 2011 ("Original Expiry Time") have been extended to and will expire at 5:00pm (Eastern Standard Time) on Monday, December 12, 2011, unless the Offers are extended further. The Offers remain otherwise subject to the terms and conditions set forth in the offer to purchase and issuer bid circulars dated October 13, 2011, as amended by a Notice of Extension (the "Notice of Extension").

As previously announced on October 13, 2011, the Corporation will offer to purchase for cancellation up to $15,000,000 aggregate principal amount of the issued and outstanding Series B 6.00% convertible unsecured subordinated debentures of the Corporation due October 31, 2015 (the "Series B Debentures") from holders of the Series B Debentures (the "Series B Debentureholders") and up to $10,000,000 aggregate principal amount of the issued and outstanding Series D 5.90% convertible unsecured subordinated debentures of the Corporation due June 30, 2014 (the "Series D Debentures" and, together with the Series B Debentures, the "Debentures") from holders of the Series D Debentures (the "Series D Debentureholders" and, together with the Series B Debentureholders, the "Debentureholders").

In accordance with applicable securities laws, Royal Host will take up all securities deposited under the bid at the Original Expiry Time and not withdrawn.

All other conditions to the Offers remain unchanged.

The Corporation will be mailing the Notice of Extension to all holders of the Debentures in connection with its announcement as soon as practicable. Full details of the Offers are described in the offer to purchase and issuer bid circulars dated October 13, 2011, as well as the related letter of transmittal, copies of which are available under the Corporation's SEDAR profile at [ www.sedar.com ] and were filed with SEDAR on October 18, 2011.

About Royal Host Inc.

Royal Host is a diversified hospitality company that delivers shareholder value through hotel ownership, investment and franchising. The Company's hotels, which contain 3,169 rooms, are located in five Provinces and Territories across Canada. Twenty-three of the Company's hotels operate under internationally recognized brands such as Travelodge®, Super 8®, Holiday Inn®, Hilton®, Ramada® and Country Inns & Suites®. Two of the Company's hotels are unbranded. In addition to its real estate holdings, the Company owns and operates the Travelodge Canada franchise business which is currently comprised of over 90 hotels across nine Provinces and Territories.

Royal Host's common shares and convertible debentures are traded on the Toronto Stock Exchange under the trading symbols "RYL", "RYL.DB.B", "RYL.DB.C" and "RYL.DB.D" respectively.

This press release may contain certain forward-looking statements relating, but not limited to, Royal Host's operations, anticipated financial performance, business prospects, and strategies. Forward-looking information typically contains statements with words such as "anticipate", "believe", "expect", "plan", or similar words suggesting future outcomes. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward- looking statements. Such factors include, but are not limited to, economic, competitive, and lodging industry conditions. Royal Host disclaims any responsibility to update any such forward- looking statements except as required by Law.

This press release contains registered trademarks that are the exclusive property of their respective owners. None of the owners of these trademarks has any responsibility or liability for any information contained in this press release.

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